Connecticut's Historic West Lane Inn Installs New Energy Efficient Heat System with C-PACE
The innkeepers of The West Lane Inn in Ridgefield and the Connecticut Green Bank are pleased to announce the completion of a Commercial Property Assessed Clean Energy (C-PACE) financed energy efficiency project at their inn, located at 22 West Lane. The project replaced an old oil-burning heat system with a new heat pump system designed to handle the heating and cooling needs of the 17-room historic property.
Solar and Energy Loan Fund Finances New Roof and Solar Panels for Gibson Plaza in Miami-Dade, FL
The residents of Gibson Plaza will soon be living in safer, more climate-resilient housing powered by solar energy. The Solar and Energy Loan Fund (SELF) leveraged support from the Leon Lowenstein Foundation and Miami-Dade local government to create a public-private-nonprofit partnership to fund the project.
Energy Department Announces $123.6M in Funding to Bolster Domestic Manufacturing
The U.S. Department of Energy's (DOE's) Office of Energy Efficiency and Renewable Energy (EERE) announced approximately $123.6 million in funding, as well as $44.7 million of cost-share, for 46 projects in 23 states to stimulate technology innovation, improve the energy productivity of American manufacturing, and enable the manufacturing of cutting-edge products in the United States.
Funding Challenges Limit Minority-Owned Businesses' Access to Energy Efficiency
Securing capital is a big challenge for many black-owned and other minority-owned businesses. Whether through outright discrimination or more subtle bias, many companies face a disadvantage in a financial world where personal relationships can make or break a deal. It's a particularly challenging problem when it comes to energy efficiency improvements, which can save money and - in many cases - more than pay for themselves.
$40B Available for Innovative Technologies through Energy Department's Loan Program Office
A variety of proposals have been floated about the best way for Congress to enact legislation to help in the fight against climate change, but certain actions can be taken immediately. One such action is to deploy $40 billion in loan capacity that was previously allocated to the Department of Energy as part of the 2009 stimulus package. This money is already available to the Department of Energy's Loan Program Office to spend at any time as a loan or a loan guarantee for qualified projects.
Two Wichita Falls, TX Senior Living Projects Interested in C-PACE
Investors behind two senior living projects in Wichita Falls are looking into an economic development tool that Wichita County leaders resolved to move forward with. The Wichita County Commissioners Court unanimously approved a resolution of intent to establish a Wichita County Property Assessed Clean Energy Program and authorize related actions in January.
Cheaper Solar Power Means Low-Income Families Can Also Benefit – With the Right Kind of Help
Until recently, rooftop solar panels were a clean energy technology that only wealthy Americans could afford. A recent study has found that three interventions – targeted incentives, leasing, and PACE – effectively increased adoption equity. These approaches are boosting sales to low-income customers in existing markets and helping solar companies move into new markets, such as low-income areas where solar sales have been weak or absent.
U.S. Senate Flip Puts $2T Infrastructure and Green Energy Stimulus Into Play
The reality of a Democrat-controlled US Senate following the Georgia run-off elections puts a massive wave of fiscal stimulus back on the table. This includes higher amounts of direct stimulus payments to individuals and President Joe Biden's $2 trillion infrastructure and green energy plan.